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months the same set of four tires costs $599.88.
News 12 On Your Side looked into whether the rent to own is worth the price. Here's how it breaks down:
The Rimco cost on four Goodride SPO6 tires is $449.99, if you pay cash. If you do, the lease to own over 12 Nike Air Max Uptempo Retro
Ramirez says overseas manufacturing has caused tire prices to soar. In the spirit of its parent Nike Air Max Uptempo 95 Colorways
company Ashley, which offers rent to own furniture and appliances, Rimco offers rent to own tires.
12 On Your Side
the rent to own is now another option for someone short on cash.
Fax: (803) 442 4561
"We give the customer the opportunity to come in here that are not Nike Air More Uptempo Gs For Sale able to make the full large payment," he said.
The rent to own tires can be purchased through either a 120 day or 12 month program.
The mark up comes to 24.9 percent. Right now, the average credit card interest rate is 15 percent, to put that in perspective. Credit card interest for someone with bad credit is about 24 percent, which is the same as the markup on the rent to own tires.
Cash is always best. However, Rameriz says tires are a necessity and Nike Uptempo Navy Gum
At WRDW News 12, we receive hundreds of phone calls and letters weekly from people with consumer problems. Many situations can be resolved with a simple phone call. Here is a "printer friendly list" of Consumer Agencies and Phone Numbers.
"It's always better if you pay cash on anything," Rameriz said.
About 70 percent of Rimco's current business comes from tires.
Phone: (803) 278 1212 ext. 3342
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